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Around 25% of India's drugs are fake, counterfeit or substandard. If the fake drugs market grows at the current rate of 25%, it will cross the US$10 billion mark by 2017. Trade in fake drugs is driven caused by lack of adequate regulations, shortage of drug inspectors and a lack of lab facilities to check the purity of drugs.
This happens also because the issue of online sales of counterfeit medicines does not seem to receive due attention by the media. On the other side, through fake e-pharmacies cyber criminals do not really sell medicines, but only use them as baits to defraud online buyers, as in the case of ID theft and credit card cloning. The scheme implies a ...
Off-label promotion Depakote: False Claims Act, FDCA 2009 Eli Lilly [9] $1.4 billion Off-label promotion Zyprexa: False Claims Act, FDCA 2001 TAP Pharmaceutical Products [10] $875 million Medicare fraud, kickbacks Lupron: False Claims Act, Prescription Drug Marketing Act: 2012 Amgen [11] $762 million Off-label promotion, kickbacks Aranesp ...
The DEA seized enough fake prescription pills laced with fentanyl in 2022 to kill every American — and it’s ... President Trump’s move to label foreign drug cartels terrorist organizations ...
For example, in just five hours the drug ring was able to send out 18,500 fake prescriptions across 18 different states, according to the Associated Press.
Two pharmacists at Rocky Hill Pharmacy have been indicted by a federal grand jury in connection with fake prescriptions to defraud Medicare and Tennessee's Medicaid program of more than $8.7 million.
The regulation was adopted in October 2015. Measures to counteract to fake medicines include stricter record-keeping of wholesale distributors, tougher inspections of pharmaceutical producers, an EU-wide quality mark to identify online pharmacies and obligatory safety features on packages. [1]
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